I wouldn't worry so much about buying a new unit. You will still have a 3 year warranty against another red ring situation. The most verbal people are the ones having problems, so you will tend to see a higher volume of those on a public forum
Get all the cables you need from monoprice.com
Mike, be glad that there is work to go around bro. Some aren't so fortunate. Hell, I am starting to wonder about my job security and that's crazy.
Now that I think about it, my stress level started elevating when I stopped playing at least a few rounds every night! I really have to get back into the "game zone".